Originally Posted by
HercDriver130
they still have 100 million in bonds which can be called due on 28 June.... stop gap measure at most.
I see alot of wishful thinking about MESA's demise. The whole industry is hurting. With regard to the bond issue. IM sure MESA will convince the holders of such bonds to stand by a little longer while they recover. The Bond holders will agree rather than see MESA just go under, and they get nothing.
MESA is going to pull out or get bought out. Thos are the only viable alternatives.